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Yong Bai Chao New Retail (Yong Bai Chao New Retail) Interest Coverage : No Debt (1) (As of Mar. 2024)


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What is Yong Bai Chao New Retail Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Yong Bai Chao New Retail's Operating Income for the three months ended in Mar. 2024 was $-0.02 Mil. Yong Bai Chao New Retail's Interest Expense for the three months ended in Mar. 2024 was $0.00 Mil. Yong Bai Chao New Retail has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Yong Bai Chao New Retail Corp has enough cash to cover all of its debt. Its financial situation is stable.

(1) Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Yong Bai Chao New Retail's Interest Coverage or its related term are showing as below:

YBCN' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


YBCN's Interest Coverage is ranked better than
99.76% of 414 companies
in the Diversified Financial Services industry
Industry Median: No Debt vs YBCN: No Debt

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Yong Bai Chao New Retail Interest Coverage Historical Data

The historical data trend for Yong Bai Chao New Retail's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Yong Bai Chao New Retail Interest Coverage Chart

Yong Bai Chao New Retail Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - No Debt

Yong Bai Chao New Retail Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Yong Bai Chao New Retail's Interest Coverage

For the Shell Companies subindustry, Yong Bai Chao New Retail's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Yong Bai Chao New Retail's Interest Coverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Yong Bai Chao New Retail's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Yong Bai Chao New Retail's Interest Coverage falls into.



Yong Bai Chao New Retail Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Yong Bai Chao New Retail's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Yong Bai Chao New Retail's Interest Expense was $0.00 Mil. Its Operating Income was $-0.06 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Yong Bai Chao New Retail had no debt (1).

Yong Bai Chao New Retail's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Yong Bai Chao New Retail's Interest Expense was $0.00 Mil. Its Operating Income was $-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Yong Bai Chao New Retail had no debt (1).

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.


Yong Bai Chao New Retail  (OTCPK:YBCN) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Yong Bai Chao New Retail Interest Coverage Related Terms

Thank you for viewing the detailed overview of Yong Bai Chao New Retail's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Yong Bai Chao New Retail (Yong Bai Chao New Retail) Business Description

Traded in Other Exchanges
N/A
Address
No. 39 Hulan West Road, 3209, South Building, Building 3, Boashan District, Shanghai, CHN
Yong Bai Chao New Retail Corp, formerly Environmental Control Corp is a shell company.
Executives
Fei Wang director, 10 percent owner, officer: CEO, CFO and Secretary 3209, SOUTH BUILDING, BUILDING 3, NO. 39 HULAN WEST ROAD, BAOSHAN DISTRICT, SHANGHAI F4 00000
Michael J Mugford director 15365 BROOKSIDE AVENUE, WEST VANCOUVER A1 V7W 1N2
Stephen Norris other: Manager, Business Development 203 - 1265 W. 11TH AVENUE, VANCOUVER A1 V6H 1K8
Environmental Control Corp. 10 percent owner 85 KENMOUNT ROAD, ST. JOHN?S A4 A1B 3N7
Nils Rodeblad director 13 CEDARHURST PLACE, ST. JOHN'S A4 AIG 1T8
Gary Bishop director, officer: Chief Financial Officer 5 LAMANCH PLACE, ST. JOHN'S A4 AIE 4P6
Albert E Hickman director, officer: President, CEO and Chairman 85 RENNIE'S MILL ROAD, ST. JOHN'S A4 A1C 3P9
Alexei Jirniaguine director, 10 percent owner 1049 EUPHRATES CRESENT, PORT COQUITLAM A1 V3B 8B6
Andrei Krioukov director, 10 percent owner 702-33 WATER STREET, VANCOUVER A1 V6B 1A1

Yong Bai Chao New Retail (Yong Bai Chao New Retail) Headlines

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